U.S. Trade Deficit Widens in February Amidst Increased Import and Export Activity
The United States experienced a widening of its trade deficit in goods and services in February, reaching $57.3 billion. This marks an increase of $2.7 billion from the revised January…
U.S. Personal Income Rose 0.4% in January, Driven by Compensation and Dividends, Amidst Post-Shutdown Data Release
Personal income in the United States experienced a notable increase of $113.8 billion, or 0.4 percent at a monthly rate, in January. This figure, released by the U.S. Bureau of…
Comprehensive Guide to State-by-State Resale Certificates and Sales Tax Compliance Requirements for 2026
The landscape of American retail remains anchored in a complex web of state-level tax regulations, where the distinction between a sales tax permit and a resale certificate serves as a…
Outdoor Recreation Economic Statistics, U.S. and States, 2024
Washington D.C. – The U.S. Bureau of Economic Analysis (BEA) has released its latest comprehensive report detailing the economic impact of outdoor recreation across the nation, including granular data for…
U.S. International Trade in Goods and Services Deficit Narrows Significantly in January
The United States experienced a notable contraction in its trade deficit for goods and services in January, a positive development that signals shifting dynamics in international commerce. According to a…
The Seventeen Million Dollar Sales Tax Precedent and the Rising Risk of Retroactive Enforcement for Digital Marketplaces
In a landmark decision that has sent shockwaves through the software-as-a-service (SaaS) and digital marketplace sectors, the Wisconsin Court of Appeals has upheld a massive tax assessment against ticket-resale giant…
U.S. Current-Account Deficit Narrows Significantly in Fourth Quarter of 2025, Driven by Income Surpluses and Reduced Goods Deficit
The United States experienced a notable reduction in its current-account deficit during the fourth quarter of 2025, a key indicator of the nation’s economic interactions with the rest of the…
The Custodial Crisis Why Mismanaging Sales Tax is a High-Stakes Gamble for E-commerce Businesses
In the rapidly evolving landscape of global e-commerce, a persistent and dangerous misconception continues to threaten the viability of emerging and established enterprises alike: the belief that all currency flowing…
The Arts and Cultural Production Satellite Account Shows Robust Growth in 2023
The U.S. Bureau of Economic Analysis (BEA) today unveiled a comprehensive report detailing the significant economic contributions of the arts and cultural sector in 2023. The Arts and Cultural Production…
The Marine Economy Satellite Account Reveals Robust Growth and Significant Contribution to U.S. GDP in 2023
The U.S. marine economy demonstrated a strong performance in 2023, contributing significantly to the nation’s economic output and showing robust growth in employment and compensation. Statistics released by the U.S.…

















